Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Oman - 2022
Contents:
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Oman (FOB) - 2022
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Oman (CIF) - 2022
- Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Oman
- Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Oman
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Oman (FOB) - 2022
The average export price for oils and products of the distillation of high temperature coal tar; benzoles stood at $2,448 per ton in 2022, surging by 13% against the previous year. In general, the export price saw a strong increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 78%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +5.4% per year.
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Oman (CIF) - 2022
The average import price for oils and products of the distillation of high temperature coal tar; benzoles stood at $3,050 per ton in 2022, increasing by 4.9% against the previous year. Overall, the import price posted a strong expansion. The growth pace was the most rapid in 2016 when the average import price increased by 232% against the previous year. As a result, import price reached the peak level of $5,025 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($18,145 per ton), while the price for Qatar ($2,090 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Oman
For the fourth year in a row, Oman recorded growth in shipments abroad of oils and products of the distillation of high temperature coal tar; benzoles, which increased by 0.7% to 11 tons in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 0.8%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of oils and products of the distillation of high temperature coal tar; benzoles rose significantly to $26K in 2022. The total export value increased at an average annual rate of +13.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 17.7 | 20.2 | 22.9 | 26.0 | 13.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 17.7 | 20.2 | 22.9 | 26.0 | 13.7% |
Top Export Markets for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole from Oman in 2022:
- United Arab Emirates (10.6 tons)
Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Oman
In 2022, the amount of oils and products of the distillation of high temperature coal tar; benzoles imported into Oman fell remarkably to 2 tons, reducing by -19.7% compared with the year before. Over the period under review, imports saw a abrupt downturn.
In value terms, imports of oils and products of the distillation of high temperature coal tar; benzoles fell dramatically to $6.2K in 2022. Overall, imports showed a deep contraction.
Import of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Oman (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 9.5 | 5.2 | 5.5 | 2.7 | -34.3% |
Qatar | 0.5 | 0.5 | 1.1 | 2.1 | 61.3% |
United States | 0.3 | 0.4 | 0.7 | 1.4 | 67.1% |
Kuwait | N/A | 2.6 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 10.3 | 8.7 | 7.3 | 6.2 | -15.6% |
Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole to Oman in 2022:
- Qatar (995.0 kg)
- United Arab Emirates (954.0 kg)
- United States (76.0 kg)
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